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SoFi says it has added “crypto-powered capabilities” to its digital financial services.
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The company announced the new addition to its services Wednesday (June 25), saying it would be the first of many new cryptocurrency and blockchain-related offerings.
“More people are turning to crypto than ever before to pay, invest, and transfer money faster, safer, and for a...
The effects of the Sarbanes-Oxley Act (SOX) are being discussed Wednesday (June 25) in a hearing held by the House Financial Services Committee’s Capital Markets Subcommittee.
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The hearing is focused on how some provisions of SOX affect public companies and capital markets, the Committee said in a Wednesday press release.
Subcommittee Chair Ann Wagner, R-Mo., who is...
Finite opportunities in private credit are creating public, high-yield debt opportunities, J.P. Morgan Asset Management CEO George Gatch said, according to a Wednesday (June 25) Bloomberg report.
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Gatch made the comment as J.P. Morgan unveiled its J.P. Morgan Active High Yield ETF in a Wednesday press release. The fund will devote at least 80% of its portfolio to junk-...
French supermarket giant Carrefour is accelerating its digital transformation by creating the next generation of connected stores, with artificial intelligence (AI) embedded in its omnichannel retail strategy.
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“AI technology is at the core of the strategy,” said Emmanuel Grenier, group eCommerce, data and digital transformation director at Carrefour, during a...
Visa and GiveCard partnered to help nonprofits and government agencies implement digital disbursement programs.
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The collaboration will bring together Visa’s prepaid debit cards and GiveCard’s disbursement technology, creating a turnkey solution for state and local governments, school districts and nonprofits, the companies said in a Wednesday (June 25) press release....
Google has introduced an artificial intelligence (AI) assistant designed to help developers.
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Gemini CLI (command line interface), announced Wednesday (June 25), is an open-source AI agent that offers “lightweight” access to the company’s Gemini model. Despite its name, however, Google says the tool is designed for coding as well as tasks like content generation, deep...
Looking for a travel-related business that’s actually booming during the year of COVID-19? It’s out on the water, in rented boats of every shape and size from kayaks to luxury yachts.
“We had our drop-off in April, and then come May we saw a very quick rebound, Bryan Petro, chief operating officer of boat rental and charter marketplace GetMyBoat, told PYMNTS. “From April [to August], we are...
In China, crypto over-the-counter (OTC) traders are being arrested in an attempt to crack down on illegal transactions, according to a report from CoinDesk.
Prominent OTC trader Zhao Dong, of crypto lending platform RenrenBit, was held up by police in the city of Hangzhou, the report says. Zhao has a prominent status among the community, and rumors online began to circulate. One poster relayed...
Two innovators approached a well-heeled investor asking for money. Their sales pitch was very convincing. They told this investor that their innovation was so incredibly cutting-edge that only the hopelessly uninformed would fail to recognize its value. The innovators said that they had picked him because he was smart and forward-thinking enough to see the potential. The investor, who prided...